ifo Konjunkturprognose 2014/2015: Deutsche Wirtschaftgewinnt allmählich wieder an Schwung
At its pre-Christmas press conference on December 11, 2014, the Ifo Institute presented its economic forecast for the years 2014 and 2015. After stagnating in the summer, the German economy is gradually regaining impetus. Real gross domestic product will increase by 1.5% respectively in 2014 and 201...
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| Veröffentlicht in: | Ifo schnelldienst 2014-12, Vol.67 (51/52), p.37 |
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| creator | Wollmershäuser, Timo Nierhaus, Wolfgang Berg, Tim Oliver Breuer, Christian Buchen, Teresa Grimme, Christian Henzel, Steffen Hristov, Atanas Hristov, Nikolay Kleemann, Michael Meister, Wolfgang Plenk, Johanna Wieland, Elisabeth Wohlrabe, Klaus Wolf, Anna |
| description | At its pre-Christmas press conference on December 11, 2014, the Ifo Institute presented its economic forecast for the years 2014 and 2015. After stagnating in the summer, the German economy is gradually regaining impetus. Real gross domestic product will increase by 1.5% respectively in 2014 and 2015. The recovery will primarily be driven by the domestic economy, which is benefiting from the drop in crude oil prices. Investments in new equipment will rise, while the ramping up of production capacities will make investments in expansion more urgent. Construction investment will also increase. Private consumption will expand at the same pace as increases in real income. Exports are expected to grow at an accelerated pace, thanks to an improvement in the world economy and in the price competitiveness of German exporters in other markets due to the depreciation of the euro against the US dollar, but imports will increase to an even greater extent thanks to the state of Germany's domestic economy. |
| format | Article |
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| language | ger |
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| source | Business Source Complete; EZB-FREE-00999 freely available EZB journals; Alma/SFX Local Collection |
| subjects | Crude oil prices Economic conditions Economic forecasting Economic forecasts Economic growth GDP Gross Domestic Product |
| title | ifo Konjunkturprognose 2014/2015: Deutsche Wirtschaftgewinnt allmählich wieder an Schwung |
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